How Will Burberry plc (OTCMKTS:BURBY) Stock React To Berenberg New Rating Coverage?

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Berenberg Analyst Rating Change Burberry plc OTCMKTS:BURBY

Burberry plc (OTCMKTS:BURBY) New Coverage by Berenberg

Professional analysts at Berenberg has begun coverage on Burberry plc (OTCMKTS:BURBY) with Buy rating. This was published in a note on 13 October.

Despite the new coverage OTCMKTS:BURBY is now trading -1.83% lower at $18.47 as of 03:59 New York time. Burberry plc shares have gained 5.03% over the last 200 days, while the S&P500 Index has increased 4.02% for the same time period.

OTCMKTS:BURBY Price Chart & Trend

The stock price of Burberry plc went up 5.03% over the last 200 days, and is in unstable up trend. In the last 50 and 100 days, Burberry plc is up 8.1% and up 18.6%, respectively. Our stocks momentum model is shown on the price chart below.How Will Burberry plc (OTCMKTS:BURBY) Stock React To Berenberg New Rating Coverage?

Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models

Burberry plc (OTCMKTS:BURBY) traded down -1.83% on 13 October, hitting $18.47. A total of 780 shares of the company’s stock traded hands. This is down from average of 46,366 shares. Burberry plc has a 52 week low of $13.88 and a 52 week high of $22.5. The company has a market cap of $8.32 billion and a P/E ratio of 0.

Get the latest Burberry plc (OTCMKTS:BURBY) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.

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